this post was submitted on 26 Mar 2024
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Technology
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I'd really love to know if "job creators" are actually job creators, or if many small businesses actually create more jobs than one large one. Are "job creators" actually job destroyers?
I'm pretty sure that a large company like Amazon has destroyed far more jobs than created. Because of the efficiency of their operation
That's what I was thinking. A multitude of small businesses are less efficient, so need more people to do the same amount of work as a single large company. And I would imagine that the competition created by many small companies all chasing after the same pool of employees would have a lesser ability to suppress wages: if one business won't pay their employees well, those employees will just go and work for someone else instead.
Small businesses employ more people than large corporations, last time I checked.
If you think about it, if you fire everyone and reorganize your business structure, then you've opened up all those jobs for prospective employees!